The Economics of Networks

The Economics of Networks

Edited by Mark Casson, Professor of Economics and Director, Centre for Institutions and Economic History, University of Reading and Marina Della Giusta, Lecturer, University of Reading Business School, UK

This authoritative selection of recent work on the economics of networks will appeal to researchers in microeconomics, spatial and business economics as well as international economics and development. Social scientists and natural scientists will also find the book useful as a guide to the increasing wealth of economic literature on networks.

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Networks have a widespread economic significance. They structure the way that market traders interact and configure relations within and between social groups, urban centres and nation states. Networks also determine patterns of authority and dominance in hierarchical organisations such as governments.

This authoritative selection of recent work on the economics of networks will appeal to researchers in microeconomics, spatial and business economics as well as international economics and development. Social scientists and natural scientists will also find the book useful as a guide to the increasing wealth of economic literature on networks.

‘We citizens of the 21st century are surrounded by networks: economic and social networks, real and virtual networks, business and personal networks, formal and informal networks, local and international networks. The Economics of Networks valuably assembles a fine collection of articles that illuminates the operations of networks from both social and economic perspectives. Read it and join the network of those who understand networks.’
– Carl Shapiro, University of California and Berkeley, US

‘I am delighted to see the publication of this volume. The choice of papers in the book superbly displays the multi-dimensional nature of network behaviour. Such networks are seen to operate on many different levels and in many different contexts of human behaviour. This volume will be an essential resource for social scientists of many disciplines who are interested in the communication and organizational behaviour of diverse types of agents.’
– Philip McCann, University of Waikato, New Zealand and University of Reading, UK